Job Order Cost Accounting for a Service Company
The law firm of Furlan and Benson accumulates costs associated with individual cases, using a job order cost system. The following transactions occurred during July:
July Charged hours of professional lawyer time at a rate of $ per hour to the Obsidian Co breech of contract suit to prepare for the trial
Reimbursed travel costs to employees for depositions related to the Obsidian case, $
Charged hours of professional time for the Obsidian trial at a rate of $ per hour
Received invoice from consultants Wadsley and Harden for $ for expert testimony related to the Obsidian trial
Applied office overhead at a rate of $ per professional hour charged to the Obsidian case
Paid administrative and support salaries of $ for the month
Used office supplies for the month, $
Paid professional salaries of $ for the month
Billed Obsidian $ for successful defense of the case
a Provide the journal entries for each of these transactions. If an amount box does not require an entry, leave it blank.
July
July
July
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